DOME HILL PROPERTY, Nevada December 2017
Cautionary Statement This presentation (“Presentation”) contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Avidian Gold Corp. (“Avidian”). Forward-looking statements include estimates and statements that describe Avidian’s future plans, objectives or goals, including words to the effect that Avidian or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Avidian, Avidian provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this presentation includes, but is not limited to, Avidian’s objectives, goals or future plans, statements, exploration results, potential mineralization, Avidian’s portfolio, treasury, management team and enhanced capital markets profile, the proposed private placement, the timing of the Transaction, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, problems, expenses, difficulties, complications and delays frequently encountered in connection with the establishment of any business, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, unprofitable efforts resulting not only from the failure to discover mineral deposits but also from finding mineral deposits that, though present, are insufficient in quantity and quality to return a profit from production, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry. There is no assurance that Avidian’s mineral exploration and development activities will result in any discoveries of commercial bodies of ore. Mining exploration requires ready access to mining equipment such as drills, and crews to operate that equipment. There can be no assurance that such resources will be available to Avidian on a timely basis or at a reasonable cost. Unusual or infrequent weather phenomena, sabotage, or other interference in the maintenance or provision of infrastructure required for mineral exploration could adversely affect Avidian’s operations, financial condition and results of operations. The further development and exploration of Avidian’s projects depends upon Avidian’s ability to obtain financing through equity financing, joint ventures, debt financing, or other means. There is no assurance that Avidian will be successful in obtaining required financing as and when needed. There is no guarantee that Avidian’s title to such properties will not be challenged or impugned or that the appropriate permits and approvals will be obtainable on reasonable terms or on a timely basis; the licenses will be renewed upon their expiry; and that Avidian will be able to explore its properties as permitted or to enforce its rights with respect to its properties. Although Avidian believes that the assumptions and factors used in preparing the forward-looking information in this presentation are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this Presentation, and no assurance can be given that such events will occur in the disclosed time frames or at all. Avidian disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. The technical information contained in this presentation has been verified and approved by Dino Titaro and Tom Setterfield who are registered as a P.Geo in Ontario and a "Qualified Person" for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Notice to Canadian Residents The Presentation is not, and under no circumstances are to be construed as, an advertisement or a public offering of the securities referred to herein. The Presentation is not an offer to sell securities of Avidian and is not a solicitation of offers to purchase these securities where the offer or sale is not permitted. No securities commission or similar authority in Canada has reviewed or in any way passed on the merits of the securities described herein and any representation to the contrary is an offence. No person has been authorized to give any information or to make any representation other than as provided for herein. Notice to U.S. Persons The Presentation is not, and under no circumstances are to be construed as, an advertisement or a public offering of the securities referred to herein. The Presentation is not an offer to sell any securities of Avidian and is not a solicitation of offers to purchase these securities where the offer or sale is not permitted. No securities commission or similar authority in United States has reviewed or in any way passed on the merits of the securities described herein and any representation to the contrary is an offence. No person has been authorized to give any information or to make any representation other than as provided for herein. U.S. investors are advised that the terms “inferred” and “indicated” resources are recognized and required by Canadian regulations, however the U.S. SEC does not recognize the terms. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories would ever be converted to reserves. 2
Property Highlights 100% owned, located within the prolific Walker Lane Trend, Nevada – approx. 6 sq km in area; § straddles the Nevada/California border on the northeastern edge of the Sierra Nevada Batholith Within 35 km of the Bodie (1.5 Moz gold), Aurora (1.9 Moz gold) and Borealis (0.6 Moz) gold deposits § Six known high sulphidation vein systems (collectively, over 6 km in known exposure length), three of § which have supported minor gold production “Veins” consist of strong advanced argillic alteration/hydrothermal breccia cut by quartz-alunite § stringers, hosted within Micoene age andesites Individual veins vary from 10 cm to approximately 30 m in width § Numerous high-grade grab samples: 45.7 g/t Au, 31.8 g/t Au, 27.5 g/t Au. § Limited RC drilling which encountered good gold grades, such as: 4.6 m @ 4.7 g/t Au and 1.5 m @ 9.7 § g/t Au All known veins remain open along strike and at depth, with the likelihood of discovering veins § beneath post-mineral cover rock. 3
Property Location 4
Property Geology 5
Major Epithermal Vein Systems & Cover Rock All veins remain open and untested along strike and at depth, with undiscovered vein potential beneath post-mineral cover rock 6
Maybell Vein Quartz veins cutting Hydrothermal Breccia Hydrothermal Breccia Typical High Sulphidation Assemblage Grab Sample: 20.2 g/t Au, 68.8 g/t Ag, 2260 ppm As, 344 ppm Bi, 2110 ppm Sb, 3817 ppm Te 7
Pierinni & Gold Fund Veins North end of Pierinni Vein: silicified core, advanced Gold Fund mine – diatreme (?) breccia zone argillic margin. Grab sample of 1.74 g/t Au & 114 g/t Ag. 8
Gold Grab Sample Results All veins remain open and untested along strike and at depth and below post-mineral cover rock 9
Previous RC Drilling Results Selected Drill Results Hole Interval Au (m) (g/t) 1 4.6 1.04 3 3.1 3.04 4 3.1 2.52 4.6 1.40 5 4.6 4.7 6 3.1 2.1 1.5 3.9 7 3.0 0.55 9 1.5 4.1 10 1.5 9. 7 Limited RC drilling in 2010 only partially tested the Maybell & Mellor Vein Systems 10
Magnetic Interpretation under Cover Rock Variations in magnetic susceptibility suggest concealed veins. Can be seen beneath post mineral cover rock. § Magnetic susceptibility of mineralized vein/alteration: 0.006 - 0.04 § Magnetic susceptibility of propylitic host rock: 0.2 - 0. 4 § Magnetic susceptibility of country rock (andesite or granite): 1.0 – 12 11 Reinterpreted Magnetic Data Showing Magnetic Low (Probable Veins) Under Post-Mineral Cover
Porphyry – Epithermal Environment 12
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